Tonix Pharmaceuticals Holding Corp.(TNXP)Stock Analysis
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Rank #2,458 of 2,879 stocks
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
TNXP Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Tonix Pharmaceuticals Holding Corp. (TNXP), a Healthcare sector company. 13F Pro's AI-powered ranking engine scores TNXP at 27.9/100 on a 32-signal composite quality model, placing it at rank #2,458 of 2,879 stocks — the bottom half of the AI-ranked universe. TNXP scores in the top quartile across revenue growth (98.1), institutional flow (85.5). Areas of concern include profitability (2.7) and free cash flow (2.7), which score below median versus the broader universe. Shareholder dilution risk is elevated at 5.0/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), Tonix Pharmaceuticals Holding Corp. reports quarterly revenue of $6.9M, net income of $-40.2M, free cash flow of $-44.0M. Top institutional holders of TNXP by reported 13-F value include BlackRock,, VANGUARD CAPITAL MANAGEMENT, CITADEL ADVISORS, based on the most recent SEC filings. TNXP trades on the Nasdaq exchange and files with the SEC under CIK 1430306. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate TNXP daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Tonix Pharmaceuticals Holding Corp. directly from SEC EDGAR. Tonix Pharmaceuticals Holding Corp.'s 13F Pro composite quality score has ranged between 9 and 28 since 2025, currently 27.9 — an improving long-term trajectory across 11 quarterly and live scoring snapshots.
Revenue
Q1 2026
$6.9M
Net Income
Q1 2026
$-40.2M
Free Cash Flow
Q1 2026
$-44.0M
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+29.8% YoYNet Income
+4.6% YoYOperating Income
+8.0% YoYEPS (Diluted)
+91.7% YoYTotal Assets
+70.2% YoYTotal Debt
Op. Cash Flow
-63.9% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Revenue | $13.1M +29.8% | $10.1M +29.9% | $7.8M | — | — | — |
| Net Income | $-124.0M +4.6% | $-130.0M -11.5% | $-116.7M -26.4% | $-92.3M -82.9% | $-50.5M -76.3% | $-28.6M |
| Operating Income | $-125.7M +8.0% | $-136.7M -15.5% | $-118.4M -28.2% | $-92.3M -82.8% | $-50.5M -75.2% | $-28.8M |
| EPS (Diluted) | $-14.57 +91.7% | $-176.60 -4126.6% | $-4.18 -835560.0% | $-0.00 | — | — |
| Total Assets | $277.2M +70.2% | $162.9M +5.5% | $154.5M -35.9% | $240.9M +145.4% | $98.2M +574.4% | $14.6M |
| Total Debt | — | $11.5M -14.1% | $13.3M | — | — | — |
| Operating Cash Flow | $-99.8M -63.9% | $-60.9M +40.3% | $-102.0M -35.0% | $-75.6M -55.6% | $-48.6M -82.0% | $-26.7M |
AI Insight: TNXP Financial Trends
Revenue inflecting upward to $7M in Q1 2026, but operating losses and cash burn accelerating sharply despite stable debt.
• Revenue grew 40% from $5M in Q4 2025 to $7M in Q1 2026, first material sequential gain in trailing eight quarters.
• Operating cash burn deteriorated to $42M in Q1 2026 from $40M in Q4 2025, widening net quarterly losses to $40M.
• Equity swung from $42M (Q2 2024) to $227M (Q1 2026), driven by capital raises offsetting cumulative operating losses exceeding $300M.
⚠ Operating cash burn ($42M in Q1 2026) now vastly exceeds revenue ($7M), implying 6+ quarters of runway at current burn rate.
⚠ Operating losses ($42M) widened 12.5% in Q1 2026 despite 40% revenue growth, signaling no gross margin relief or operating leverage yet.
AI Insight: TNXP Ratio Trends
Tonix remains deeply unprofitable with negative returns across all metrics; modest leverage reduction offers minimal relief.
• ROE deteriorated to -70.8% in Q1 2026 from -37.3% in Q1 2025, signaling worsening shareholder value destruction year-over-year.
• D/E ratio declined to 0.05 in Q4 2025 and TTM, down from 0.31 in Q2 2024, indicating reduced financial leverage.
• ROIC swung to -73.2% in Q1 2026 from -33.5% in Q1 2025, reflecting persistent operational losses and capital inefficiency.
⚠ Quarterly volatility in ROE/ROA/ROIC suggests episodic losses or cash burns; no path to profitability evident in recent data.
⚠ Operating and net profit margins unavailable; inability to assess if revenue growth, if any, offsets operating cash drain.
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Available Research
13F Pro tracks comprehensive data for Tonix Pharmaceuticals Holding Corp. including:
Top Institutional Holders of TNXP
BlackRock, Inc.
$13.3M968,177 shVANGUARD CAPITAL MANAGEMENT LLC
$7.1M518,650 shCITADEL ADVISORS LLC
$6.4M468,712 shJones Hill Capital LP
$6.2M452,116 shGEODE CAPITAL MANAGEMENT, LLC
$4.3M313,291 shBALYASNY ASSET MANAGEMENT L.P.
$4.3M313,082 shUBS Group AG
$3.2M231,678 shSTATE STREET CORP
$3.2M230,607 shMILLENNIUM MANAGEMENT LLC
$3.0M219,673 shAQR CAPITAL MANAGEMENT LLC
$2.2M161,208 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $13.3M | 968,177 |
| VANGUARD CAPITAL MANAGEMENT LLC | $7.1M | 518,650 |
| CITADEL ADVISORS LLC | $6.4M | 468,712 |
| Jones Hill Capital LP | $6.2M | 452,116 |
| GEODE CAPITAL MANAGEMENT, LLC | $4.3M | 313,291 |
| BALYASNY ASSET MANAGEMENT L.P. | $4.3M | 313,082 |
| UBS Group AG | $3.2M | 231,678 |
| STATE STREET CORP | $3.2M | 230,607 |
| MILLENNIUM MANAGEMENT LLC | $3.0M | 219,673 |
| AQR CAPITAL MANAGEMENT LLC | $2.2M | 161,208 |
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Popular Research
Is TNXP a good stock to buy?
13F Pro's AI-powered analysis of Tonix Pharmaceuticals Holding Corp. (TNXP) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Healthcare sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for TNXP are available on the TNXP stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own TNXP?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling TNXP. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Tonix Pharmaceuticals Holding Corp.'s investment landscape.